SOLD FOR $2,930,000
· Sold at asking price · Closed October 12, 2018
$2,930,000
242 Kingsland Avenue
MLS® #RLS10420866
Listing by The Corcoran Group
12
Bedrooms
6
Baths
N/A
Sq. Ft.
1931
Year Built
Sale Details
Property Summary
Description
242 Kingsland Avenue is a well maintained 6-unit, 3 story brick building with a full height cellar. It spans approximately 6,500 sq ft and has been consistently renovated over the years. The apartments are in great condition with modern kitchens and bathrooms. The mechanical systems are also up to date. Situated on a lovely tree lined street, the building is built 25' x 65'. Projected Rent Roll: $180,000 Current annual taxes: $10,402 Other annual expenses: $11,000 Lot: 25100 Built: 25x65 Units: six (5 apt's are free market / 1 apt is rent stabilized) Stories: 3 + full height cellar There are separate electric meters and cooking gas meters for each unit. 242 Kingsland is a functioning investment property with 2 vacancies ready for immediate occupancy. Near the L train at Graham and the G train at Nassau, B48 Bus. You can be in Manhattan in 30 minutes.
Property Details
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Listing courtesy of Daniel Cohen at The Corcoran Group. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.